Jock Tax Takes a Bite out of Signing BonusesSigning bonuses are common, but how they are taxed is often misunderstood. Introduction There are many factors that need to be taken into...
Collecting Team Fines is Fine for TaxesTeam fines are not taxable to fund administrator as long as they are properly categorized. As practice starts, a teammate got stuck in...
Are Trainer Tips Taxable?Trainer tips have always been considered income and should be reported and included on your tax return. However, a change in law means...
1099-Ks Are OK for BusinessesAs part of the American Recuse Plan Act that was signed into law on March 11, 2021, changes were implemented that effects how third-party...